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Boss of retail banking Andrew Thorburn said that even if the central bank starts cutting rates, retail banks may not follow. "Yes banks have rightly decoupled and I think it's fair to say that the RBA has less influence on mortgage rates today. "We ...

The UK's largest landlords have hit back at demands from retail tenants to change to monthly rental payments, saying they would consider the change "where tenants are in genuine financial difficulty". Property owners, led by the British Property ...

PARIS, July 23 (Reuters) - French retailer PPRposted better-than-expected second-quarter revenues, helped by sparkling sales at its luxury arm Gucci, but some of its retail units were, as forecast, hurt by sluggish consumer spending. The Paris-group ...

Retail Prescriptions Filled Per Capita: 17.2 Take a look at West Virginia's health statistics, and it's no surprise the state's residents use the most retail prescription drugs per capita. Data from the CDC shows that, in 2007, West Virginia had the ...

Retail Prescriptions Filled Per Capita: 14.2 One of many Southern states on the list, Mississippi ranked ninth among states with the highest per-capita use of retail prescription drugs. One reason may be the fact that the state has the country's ...

Corning Incorporated GLW announced today that it has reached an agreement to sell its Steuben ® Glass Division to Steuben Glass LLC, a newly formed affiliate of Schottenstein Stores Corporation (SSC). Schottenstein Stores Corporation is a multi ...

IndyMac Federal Bank, which was taken over by the federal government two weeks ago, is laying off as many as 65 employees in its Washington state mortgage operations, a spokesman said. IndyMac said it would shut down its mortgage operations across ...

Although crude oil prices dropped about $16 in a three-day period last week, don't expect much relief at the pumps just yet, AAA warned. That's because other factors are likely to affect prices at the pumps: a weather system in the Caribbean heading ...

It looks like Canadian shoppers are continuing their spending ways as they remain in better financial shape than their colleagues south of the border, but a slowdown seems likely. Retail sales are forecast to have increased 0.6 per cent during May ...

PITTSBURGH (KDKA) ― After the Christmas shopping season, the most important retail time for stores is the back-to-school shopping season. The National Retail Federation is predicting that parents will spend $20 billion in clothes, shoes, and ...

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Costco Wholesale Corp., which had been one of the few bright spots in retailing, said Wednesday that its earnings will miss Wall Street expectations, as it struggles with higher energy costs that are crimping its bottom line. Shares in the nation's ...

the growing market for the ultra-thin screens. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses ...

Desperate times call for discount measures. It's the new rule of retail, and cash-squeezed consumers are laying down the law. An astounding number of penny-pinched shoppers are handing the industry some wake-up news this back-to-school season ...

NEW YORK Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs that have accelerated in recent weeks. Shares ...

Online retailing giant Amazon.com has come out with their latest quarterly report and the company has managed to double their second-quarter profit. With this, the company has easily managed to exceed the market’s expectations. The company said ...

Well established and with an enviable High Street presence, this UK chain of multi-product non-food superstores controls a very successful niche in British retailing. Now part of a bigger group they continue to develop their brand and product offer ...

U.S. stocks on Wednesday ended modestly higher for a second consecutive day of gains as crude deepened its decline and as lawmakers drew closer to approving a plan to help troubled mortgage companies Fannie Mae and Freddie Mac . The major indexes ...

This business has developed and grown extensively since its first value clothing range was launched. They now also see a number of sub-brands performing really well in their stores, with greater fashion credibility for the work, occasion and casual ...

U.S. stocks on Wednesday afternoon maintained a second day of gains as crude deepened its decline and as lawmakers drew closer to approving a plan to help troubled mortgage companies Fannie Mae and Freddie Mac . The major indexes only briefly pared ...

Because we are about to see a big step forward in the development of an electronic book that might actually rival the traditional way in which we consume literature. From today Waterstone's is to offer Sony's e-book reader for pre-order from its ...

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Luxury retailer PPR SA said Wednesday that its sales rose 4.5 percent in the second quarter thanks to strong demand for Gucci frocks and handbags and Puma sportswear. The high-end retailer, whose stable of brands also includes Yves Saint Laurent and ...

Amazon.com, the world’s largest Internet retailer, reported that its second-quarter profit more than doubled as a jump in sales of electronic items combined with a rise in overseas revenues as the cheap dollar made products cheaper for customers ...

July 23 (Bloomberg) -- Amazon.com Inc. , the world's largest Internet retailer, posted second-quarter profit that exceeded analysts' estimates after consumers bought more toys and electronics overseas. Full-year sales may exceed its previous forecast ...

Divisional HR Manager - Leading Blue Chip Retailer Our client is a leading blue chip retailer with a portfolio of several hundred stores, head office and distribution centers. Job Role - Divisional HR Manager: To support the Divisional Operations ...

Car accessories and bike retailer Halfords said that first-quarter profit is ahead of expectations, even though like-for-like sales grew by only 0.2pc over the 13 weeks to June 27. The 451-store retailer said a strong contribution from its car ...

Amazon.com Inc. showed that it wasn't being hurt by economic weakness and high fuel prices, reporting Wednesday that its second-quarter profits more than doubled and surpassed analyst expectations. The Internet retailer also raised full-year revenue ...

Consumers are beating the credit crunch by steering clear of car showrooms and repairing their existing vehicles instead, Halfords said yesterday. Nick Wharton, the bicycle and car parts retailer's joint managing director, said that the company was ...

MEXICO CITY, July 23 (Reuters) - Mexican retailer Comercial Mexicana, or Comerci, said on Wednesday its second-quarter net profit fell 26 percent, hurt by higher financial costs, although sales rose. Comerci's (COMEUBC.MX: Quote , Profile , Research ...

Tim Boyle/Getty Images Higher commodity prices finally caught up with Costco ( COST ), as the Issaquah (Wash.)-based retailer announced that fourth-quarter earnings (for the period ending Aug. 31) would come in well below analyst expectations. But ...

SAN FRANCISCO (Reuters) - Amazon.com Inc's (AMZN.O: Quote , Profile , Research , Stock Buzz ) active seller accounts have risen 18 percent over the prior year, the online retailer's chief financial officer said on Wednesday. Besides selling goods to ...